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Lehman Brothers to price 0% notes linked to LBCI Agriculture index
By Jennifer Chiou
New York, July 6 - Lehman Brothers Holdings Inc. plans to price 0% three-year notes linked to the LBCI Agriculture Index Total Return, according to an FWP filing with the Securities and Exchange Commission.
The notes will price at par of $10,000.
At maturity, the payout will be par times the index performance minus an adjustment percentage of 0.75%. Investors will share in any losses.
Lehman Brothers Inc. will be the agent.
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